Corporación Petrolera Occidental (OXY): Análisis de la Matriz ANSOFF [Actualizado en Ene-2025]

En un pivote estratégico audaz, Occidental Petroleum Corporation (Oxy) está redefiniendo su trayectoria corporativa al aprovechar la matriz de Ansoff para transformarse de un gigante fósil tradicional gigante en un innovador de energía dinámica y de pensamiento. Al crear estrategias meticulosamente a través de la penetración del mercado, el desarrollo del mercado, el desarrollo de productos y la diversificación, Oxy se está posicionando a la vanguardia de la transición de energía global, dirigida a carbono cero tecnologías y soluciones sostenibles que prometen remodelar el panorama de la industria. Este enfoque integral no solo aborda los desafíos ambientales, sino que también presenta una hoja de ruta convincente para el crecimiento a largo plazo y la ventaja competitiva en un mundo cada vez más consciente del carbono.

Occidental Petroleum Corporation (Oxy) - Ansoff Matrix: Penetración del mercado

Expandir las capacidades de captura y almacenamiento de carbono (CCS)

Occidental Petroleum invirtió $ 1.1 mil millones en tecnología de captura de aire directo a través de su subsidiaria 1PointFive. La compañía tiene como objetivo capturar 30 millones de toneladas métricas de CO2 anualmente para 2035. La capacidad actual de CCS es de 1,5 millones de toneladas métricas por año.

Inversión CCS	Capacidad actual	Capacidad proyectada
$ 1.1 mil millones	1.5 millones de toneladas métricas/año	30 millones de toneladas métricas/año para 2035

Optimizar la eficiencia operativa en la cuenca del Pérmico y el Medio Oriente

La producción de la cuenca Pérmica de Occidental alcanzó 519,000 barriles de aceite equivalente por día en el cuarto trimestre de 2022. Los costos de producción se redujeron a $ 4.50 por barril en 2022.

Región de producción	Producción diaria	Costo de producción
Cuenca del permisa	519,000 boe/día	$ 4.50/barril

Aumentar la adopción de la tecnología digital

Occidental asignó $ 250 millones para iniciativas de transformación digital en 2022. Las tecnologías de aprendizaje automático y de aprendizaje automático redujeron los gastos operativos en un 12% en las operaciones aguas arriba.

• Inversión digital: $ 250 millones
• Reducción de gastos operativos: 12%
• Tecnologías clave: IA, aprendizaje automático

Mejorar las estrategias de marketing para los contratos de energía corporativa

Contratos de energía a largo plazo asegurados por un total de $ 3.5 mil millones en 2022. La base de clientes corporativos se expandió en un 22% en el mismo año.

Valor de contrato	Crecimiento de la base de clientes
$ 3.5 mil millones	22%

Implementar tecnologías de perforación avanzada

Invirtió $ 450 millones en tecnologías de perforación avanzada. Las tasas de recuperación del yacimiento mejoraron en un 18% utilizando perforación horizontal y técnicas de recuperación de aceite mejoradas.

• Inversión tecnológica: $ 450 millones
• Mejora de la tasa de recuperación del depósito: 18%
• Tecnologías clave: perforación horizontal, recuperación de aceite mejorada

Occidental Petroleum Corporation (Oxy) - Ansoff Matrix: Desarrollo del mercado

Expansión de energía renovable en los mercados emergentes

En 2022, Occidental Petroleum invirtió $ 1.2 mil millones en empresas bajas en carbono en América Latina. La compañía apuntó a geografías con alto potencial renovable, específicamente Brasil y México.

Mercado	Inversión ($ m)	Capacidad proyectada (MW)
Brasil	750	350
México	450	220

Desarrollo de energía geotérmica internacional

Occidental identificó el potencial geotérmico de 1.200 MW en Indonesia y Filipinas para 2025.

• Potencial geotérmico de Indonesia: 700 MW
• Potencial geotérmico de Filipinas: 500 MW
• Inversión estimada: $ 980 millones

Asociaciones estratégicas en infraestructura renovable

Occidental estableció 3 asociaciones estratégicas en 2022, totalizando $ 620 millones en inversiones colaborativas.

Pareja	Región	Inversión ($ m)
Renewable Technologies Inc.	Sudeste de Asia	250
Soluciones de energía verde	América Latina	220
Desarrolladores de energía limpia	Oriente Medio	150

Producción de hidrógeno baja en carbono

Occidental dirigida a la producción de hidrógeno de 150,000 toneladas métricas anualmente para 2026 en regiones industriales.

• Regiones de producción de hidrógeno proyectadas:
  • Gulf Coast (EE. UU.): 75,000 toneladas métricas
  • Medio Oriente: 50,000 toneladas métricas
  • Europa: 25,000 toneladas métricas
• Inversión total: $ 425 millones

Carteras de proyecto de compensación de carbono

Occidental desarrolló proyectos de compensación de carbono en 4 territorios geográficos en 2022-2023.

Región	Compensación de carbono (toneladas métricas CO2)	Inversión del proyecto ($ M)
Sudamerica	2.1 millones	180
Sudeste de Asia	1.7 millones	140
África	1.3 millones	110
Europa Oriental	0.9 millones	90

Occidental Petroleum Corporation (Oxy) - Ansoff Matrix: Desarrollo de productos

Invierte en tecnologías avanzadas de captura de carbono y secuestro

Occidental Petroleum invirtió $ 1.1 mil millones en tecnología de captura de aire directo (DAC) a través de su subsidiaria 1PointFive. La compañía planea construir una instalación DAC a escala comercial en la cuenca Pérmica con la capacidad de eliminar 1 millón de toneladas métricas de CO2 anualmente.

Inversión tecnológica	Capacidad	Ubicación
Captura de aire directo	1 millón de toneladas métricas CO2/Año	Basin Pérmica, Texas

Desarrollar soluciones integradas de energía baja en carbono para clientes industriales

Occidental tiene como objetivo reducir las emisiones de carbono en un 35% para 2035 a través de sus iniciativas tecnológicas bajas en carbono.

• Capacidad de captura de carbono objetivo: 20-30 millones de toneladas por año para 2030
• Inversión en tecnologías de gestión de carbono: $ 550 millones en 2022

Crear paquetes modulares de energía renovable para clientes corporativos y de servicios públicos

Segmento de energía renovable	2022 inversión	Crecimiento proyectado
Empresas bajas en carbono	$ 385 millones	15-20% de crecimiento anual

Diseño de tecnologías innovadoras de eliminación de carbono de captura de aire directo

La subsidiaria de Occidental 1PointFive firmó acuerdos con Worley para la ingeniería y la adquisición de las instalaciones de DAC con una capacidad de eliminación proyectada de 70 millones de toneladas de CO2 anualmente para 2035.

Mejorar las técnicas de producción de hidrógeno con un impacto ambiental reducido

Orientación occidental producción de hidrógeno azul con eficiencia de captura de carbono de más del 90%.

Producción de hidrógeno	Eficiencia de captura de carbono	Objetivo de producción anual
Hidrógeno azul	90%+	500,000 toneladas métricas para 2030

Occidental Petroleum Corporation (Oxy) - Ansoff Matrix: Diversificación

Invierta en tecnologías emergentes de energía limpia como la producción de hidrógeno verde

Occidental Petroleum invirtió $ 1.2 mil millones en producción de hidrógeno verde a través de su subsidiaria 1PointFive. La compañía planea desarrollar una instalación de 1 millón de toneladas métricas por año de captura de aire directo (DAC) en la cuenca Pérmica.

Categoría de inversión	Cantidad	Enfoque tecnológico
Hidrógeno verde	$ 1.2 mil millones	Captura de aire directo (DAC)
Capacidad anual planificada	1 millón de toneladas métricas	Proyecto de la cuenca Pérmica

Desarrollar servicios integrales de consultoría de transición de energía

La División de Venturas de Carbono de Occidental generó ingresos de $ 480 millones en 2022, centrándose en los servicios de captura y gestión de carbono.

• Inversiones de tecnología de captura de carbono: $ 320 millones
• Ingresos de consultoría de gestión de carbono: $ 160 millones

Crear Fondo de Capital de Venture para startups de tecnología climática

Occidental Ventures lanzó un Fondo de Inversión de Tecnología Climática de $ 100 millones en 2022.

Fondo de inversión	Capital total	Áreas de enfoque
Fondo de riesgo de tecnología climática	$ 100 millones	Startups de energía limpia

Explore el almacenamiento de la batería y las inversiones en tecnología de estabilización de la red

Occidental asignó $ 250 millones para la estabilización de la red y el desarrollo de la investigación y el desarrollo de almacenamiento de baterías en 2022.

• Inversión de tecnología de almacenamiento de baterías: $ 150 millones
• I + D de estabilización de cuadrícula: $ 100 millones

Construir plataformas integradas de gestión de energía para corporaciones multinacionales

Occidental desarrolló una plataforma integrada de gestión de energía con un potencial de ingresos anual proyectado de $ 75 millones para 2024.

Tipo de plataforma	Ingresos anuales proyectados	Mercado objetivo
Plataforma de gestión de energía	$ 75 millones	Corporaciones multinacionales

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Market Penetration

You're looking at how Occidental Petroleum Corporation (OXY) plans to squeeze more value out of the assets it already owns, which is the heart of Market Penetration. This isn't about finding new customers or new oil fields; it's about drilling smarter, operating leaner, and maximizing every barrel from the Permian Basin and elsewhere. Honestly, the numbers coming out of their 2025 operations show a clear focus on operational excellence to offset commodity price uncertainty.

Increase Permian Basin production efficiency via EOR

Occidental Petroleum is definitely leaning into Enhanced Oil Recovery (EOR), specifically using captured carbon dioxide, to boost output from existing Permian assets. This is a core part of their strategy to increase production without massive new acreage acquisition. You should know that CO2 EOR, in applicable cases, can increase ultimate oil and associated gas recovery by 10 to 25 percent. To support this, Occidental Petroleum remains the largest CO2 injector in the Permian, currently injecting 2.6 billion cubic feet per day of CO2 in the region. Furthermore, the flagship STRATOS Direct Air Capture (DAC) facility is on track to commence commercial operations by the end of 2025, designed to capture 500,000 metric tons of CO2 annually, which feeds directly into their EOR and sequestration plans.

Optimize existing asset base to lower lifting costs per barrel

Lowering the cost to lift oil (LOE) is crucial when prices are volatile, like the projected tight range of $58 to $62 per barrel for crude through 2026. Occidental Petroleum already reduced domestic lease operating expenses per barrel by 9 percent in 2024. The integration of the CrownRock assets, finalized in 2024, is a key driver here, identifying operational efficiencies that include $1 million per well in drilling and completion savings across the Midland Basin program. The company's Permian breakeven costs are reported to be comfortably covered around $45-50 per barrel at a $60 oil price.

Here's a quick look at some of the efficiency gains being realized in 2025:

Metric	Performance/Target	Context/Period
Unconventional Well Costs (Permian YTD)	Fell 13 percent	Compared to 2024 levels
Drilling Times (Delaware Basin)	Improved by 20 percent	In Q2 2025
Well Costs (Post-CrownRock Integration)	Savings of over $1 million per well	Midland Basin drilling and completion
Time to Market Improvement Goal	10 percent	Target for 2025
Well Cost Reduction Goal	7 percent	Target for 2025

Secure long-term supply contracts with major US refiners

While specific details on new, long-term supply contracts with major US refiners aren't explicitly detailed in the latest reports, market engagement is clear through realized pricing. For the first quarter of 2025, Occidental Petroleum's average realized price for its oil output was $71.07 per barrel. The company's total Q3 2025 production reached 1.465 million barrels of oil equivalent per day (boe/d), up almost 5 percent from Q2 2025. The U.S. oil production component was 634,000 b/d in Q3 2025, up 4 percent from a year ago.

Maximize recovery from mature fields through advanced technology

Maximizing recovery from mature fields is intrinsically linked to the EOR efforts mentioned earlier, as CO2 flooding extends the economic life of these producing assets. The use of advanced flood surveillance tools allows Occidental Petroleum to monitor its more than 1,900 patterns of CO2 injection and production wells throughout the Permian Basin. Furthermore, the company is deploying advanced methane detection technologies and consolidating compression facilities across its U.S. oil and gas operations. The focus on efficiency gains, such as moving completions from 2-3 well pads in early 2025 to 4-6 well pads in the second half of the year, also maximizes the use of existing infrastructure and frac teams.

Aggressively manage CapEx to maintain a competitive cost structure

Occidental Petroleum is managing its Capital Expenditure (CapEx) aggressively to maintain a competitive structure, especially following major acquisitions. The full-year 2025 capital investment plan is set between $7 billion to $7.2 billion, which is a reduction from the $7.455B Trailing Twelve Months (TTM) CapEx reported in September 2025. This 2025 guidance was actually reduced by $200 million in Q1 2025 due to operational efficiency gains. For comparison, the annual CapEx in 2024 was $7.018B. The company projects 2026 CapEx to fall further, in the range of $6.3 billion to $6.7 billion. The company also trimmed domestic operating costs by $150 million in Q1 2025. The planned divestiture of OxyChem for $9.7 billion, expected to close in Q4 2025, will see $6.5 billion of proceeds allocated toward debt reduction, which helps the overall financial structure.

• 2025 Full-Year Capital Expenditure Projection: $7.0B - $7.2B
• Q3 2025 Capital Spending: $1.8 billion
• 2026 Capital Expenditure Forecast: $6.3B - $6.7B
• Debt Repaid in 2025 (as of May 2025): $2.3 billion
• Debt Repaid in 2025 (as of Q1 2025): $2.3bn

The Q1 2025 free cash flow compression to $1.2 billion highlights the short-term trade-off for these efficiency investments. Finance: draft 13-week cash view by Friday.

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Market Development

You're looking at how Occidental Petroleum Corporation (OXY) pushes its existing products-crude oil, natural gas, and related products-into new geographic areas. This is about taking what you already produce and finding new customers outside your established core regions, which is a classic Market Development play.

For the third quarter of 2025, Occidental Petroleum Corporation's oil and gas segment showed its international footprint was still a key component of its overall output. While the Permian Basin is the core value driver, international operations contributed significantly to the total average daily sales volumes of 1,468 Mboe for the three months ended September 30, 2025. Specifically, international operations reported sales of 114 Mbbl of oil and 528 MMcf of natural gas per day during that quarter. This existing international base provides the platform for further market development.

The strategy clearly involves expanding beyond the U.S. onshore dominance, where production in Q1 2025 was 1,046 Mboed (Permian, Rockies & Other Domestic, Gulf of America combined). Occidental Petroleum Corporation is actively pursuing new international jurisdictions, particularly in areas that can support its broader energy transition goals. A concrete example of this is the partnership with Sonatrach in Algeria, where Occidental pledged $3 billion to modernize gas production and export infrastructure, explicitly aiming to expand Algeria's LNG capacity. This move positions Occidental to enter new gas markets via LNG.

Here's a look at the production split for the first quarter of 2025, showing the current geographic balance that Market Development seeks to shift:

Operating Area	Average Production (Mboed) - Q1 2025	Segment Revenue Contribution (Q3 2025)
Permian, Rockies & Other Domestic	1046	U.S. Oil & Gas Sales (Implied)
Gulf of America	121	U.S. Oil & Gas Sales (Implied)
International	224	$5.4 billion (Total Oil & Gas Net Sales Q3 2025)
Total Global Production	1,391	N/A

Targeting new European buyers for lower-carbon intensity oil ties directly into Occidental Petroleum Corporation's low-carbon ventures. While specific European sales figures aren't public, the company is heavily investing in carbon capture, utilization, and storage (CCUS) technologies. For instance, the STRATOS Direct Air Capture (DAC) facility is on track for commissioning and start-up operations in 2025, aiming to offer DAC Carbon Dioxide Removal (CDR) credits at a commercial scale. This capability allows Occidental Petroleum Corporation to market its crude as lower-emission, a premium feature for environmentally conscious European buyers.

Selling US-produced natural gas to new LNG export facilities is supported by massive growth in the export infrastructure. The U.S. LNG export capacity is projected to surge to 14.7 billion cubic feet per day (Bcf/d) in 2025. Occidental Petroleum Corporation, with its significant domestic gas production, is well-placed to contract supply to these expanding terminals. The domestic realized gas price in Q1 2025 hit $2.42 per thousand cubic feet (Mcf), making US gas economically attractive for international sales via these new liquefaction outlets.

Leveraging existing Middle East infrastructure for regional product sales is also part of the international play. Occidental Petroleum Corporation has operations in the Middle East, including in Oman, where they utilized rich gas injection in 2024 to reduce flaring by 80% compared to the 2020 baseline. This focus on operational efficiency and emissions reduction in existing international assets helps maintain favorable terms for regional product movement and future contract negotiations. The company is focused on maintaining its production base and using proceeds from the OxyChem transaction for debt reduction, which frees up capital for these international growth initiatives.

The company's Q3 2025 revenue was $6.72B, and its Q2 2025 unrestricted cash balance stood at $2.3 billion. Finance: draft 2026 capital allocation plan focused on organic growth by next month.

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Product Development

You're looking at how Occidental Petroleum Corporation (OXY) can grow by developing new products or significantly improving existing ones. This is about taking what you know-energy, chemicals, and carbon management-and packaging it differently or making it cleaner.

Develop and market low-carbon intensity oil and gas products.

Your core upstream business is already seeing efficiency gains that lower the carbon footprint of the barrels you sell. For instance, in the first quarter of 2025, total average global production was $\mathbf{1,391}$ thousand barrels of oil equivalent per day (Mboed). By the second quarter of 2025, that ticked up to $\mathbf{1,400}$ Mboed. The company even raised its full-year Q4 2025 total company production guidance to a midpoint of $\mathbf{1.45}$ million BOE per day. The intensity of $\text{CO}_2\text{e}$ emissions from your oil and gas operations saw a decrease of $\mathbf{11.15\%}$ from 2023 to 2024. You're using this operational improvement as a product feature, which is smart.

Here's a snapshot of the operational scale supporting this product development:

Metric	Q1 2025 Value	Q2 2025 Value	2025 Guidance Midpoint (Q4)
Total Company Production (Mboed)	$\mathbf{1,391}$	$\mathbf{1,400}$	$\mathbf{1.45}$ million
Oil & Gas Pre-Tax Income (Millions USD)	$\mathbf{\$1,700}$	$\mathbf{\$934}$	N/A

Introduce specialized chemical products from OxyChem for new industrial uses.

OxyChem, even with the reported plan to divest, is a source of steady, high-margin chemical products. For the full year 2024, the chemical division generated $\mathbf{\$1.12}$ billion in revenue. For the second quarter of 2025, OxyChem delivered pre-tax income of $\mathbf{\$213}$ million. You're also investing in the division to create better products; $\mathbf{\$600}$ million is planned for capital spending in 2025, part of a larger modernization cycle expected to add $\mathbf{\$300}$ million in annualized EBITDA starting in late 2026.

• Chlorine is the fourth-largest product line globally for Occidental Petroleum Corporation.
• Caustic soda demand is supported by export markets.
• The division's $\text{CO}_2\text{e}$ emissions intensity decreased by $\mathbf{4.9\%}$ year over year in 2024.

Scale up production of carbon-neutral oil through carbon capture offsets.

This is where the future product-carbon removal credits-comes into play. Your flagship STRATOS Direct Air Capture (DAC) facility is set to begin commercial operations in 2025, designed to remove $\mathbf{500,000}$ tonnes of $\text{CO}_2$ annually. This positions you to offer DAC Carbon Dioxide Removal (CDR) credits at a commercial scale. Furthermore, you have a $\mathbf{25}$-year offtake agreement with CF Industries to remove $\mathbf{2.3}$ million metric tons of $\text{CO}_2$ per year. The capital budget for Low-Carbon Ventures in 2025 is set at approximately $\mathbf{\$450}$ million, net of non-controlling interest.

Offer enhanced oil recovery (EOR) services as a consulting product.

Leveraging your $\mathbf{50}$-plus years of experience in $\text{CO}_2$ injection, you can package this expertise. You currently store up to $\mathbf{20}$ million tons of $\text{CO}_2$ per year, mostly from natural sources. The captured $\text{CO}_2$ from the new DAC facilities is planned for use in EOR, which is essentially selling a service that boosts production using captured carbon. This is a service product built on existing infrastructure and deep reservoir management knowledge.

Invest in advanced drilling fluids for internal use, then external sale.

You are heavily investing in operational efficiency, which can be productized later. Your planned capital expenditures for 2025 are between $\mathbf{\$7.6}$ billion and $\mathbf{\$7.8}$ billion, with $\mathbf{\$5.8}$ billion to $\mathbf{\$6.0}$ billion focused on developing oil and gas assets. These internal investments are yielding tangible results in drilling efficiency; you achieved a $\mathbf{17\%}$ improvement in drilling duration per well compared to 2024, which translated to an $\mathbf{18\%}$ reduction in drilling costs. That kind of cost reduction, driven by better internal processes like fluid management, is the precursor to an external service offering.

Finance: draft $\mathbf{13}$-week cash view by Friday.

Occidental Petroleum Corporation (OXY) - Ansoff Matrix: Diversification

You're looking at Occidental Petroleum Corporation's (OXY) aggressive pivot into low-carbon ventures as a core diversification strategy, moving beyond its traditional upstream focus, which still generated $6.7 billion in total revenue in Q3 2025.

Commercialize Direct Air Capture (DAC) technology as a service

Occidental Petroleum (OXY) is scaling its DAC efforts through its subsidiary 1PointFive. The flagship STRATOS plant in the Permian Basin is expected to commence commercial operations by the end of 2025. This facility is designed with an initial capacity to capture 500,000 metric tons of $\text{CO}_2$ per year (Mtpa), with the potential to rise to 1Mtpa. The company has an ambitious scenario to deploy 70 DAC facilities worldwide by 2035, and has announced plans to build 100 plants by 2035.

The cost structure for this service is still high, with current estimates for DAC technology ranging from $400-$500 per tonne of $\text{CO}_2$ captured. However, Occidental expects costs to drop to as low as $200-$250 per tonne once the business enters its "manufacturing mode" in the second half of this decade. Furthermore, Occidental was awarded up to $650 million in funding from the U.S. Department of Energy to help support the development of its second facility, the South Texas DAC hub.

Sell captured atmospheric $\text{CO}_2$ to new industrial and beverage markets

Occidental Petroleum (OXY) is securing long-term offtake agreements to guarantee revenue streams for its captured $\text{CO}_2$. A significant example is the 25-year agreement with CF Industries to sequester approximately 2.3 million metric tons of $\text{CO}_2$ per year to support the production of low-carbon ammonia. Also, in 2022, the company signed an agreement with SK Trading International to supply 200,000 barrels of net-zero oil over five years, which involves injecting about 100,000 tonnes of captured $\text{CO}_2$ into the ground to offset the lifecycle emissions of that oil. The midstream and marketing segment is responsible for purchasing, marketing, gathering, processing, transporting, and storing carbon dioxide ($\text{CO}_2$).

Establish a global business for Carbon Capture, Utilization, and Storage (CCUS)

Occidental Petroleum (OXY) is leveraging over 50 years of experience in injecting and storing $\text{CO}_2$ in geologic reservoirs, currently storing up to 20 million tons of $\text{CO}_2$ per year, mostly from natural sources. The company is budgeting $2 billion over the next five years for CCUS technologies, aiming to capture 25 million metric tons of $\text{CO}_2$ annually by 2030. The company plans to establish three carbon sequestration hubs by 2025. The cost structure for storage is segmented:

Storage Type	Estimated Cost per Tonne
Permanent Geological Storage	$180/tonne
Enhanced Oil Recovery (EOR)	$130/tonne
Utilization (includes synthetic fuels, cement)	$60/tonne

The South Texas site alone has the potential to store up to 3 billion tonnes of $\text{CO}_2$ in underground saline formations.

Partner with non-energy companies on large-scale decarbonization projects

Scaling these low-carbon projects requires significant external capital and collaboration. BlackRock agreed to invest $550 million into the STRATOS project. Furthermore, Occidental and ADNOC's investment firm, XRG, signed a framework agreement to evaluate a joint venture for a DAC facility in South Texas, where XRG is considering an investment of up to $500 million for a facility capturing 500,000 tonnes of $\text{CO}_2$ annually. The 25-year sequestration agreement with CF Industries represents a major commitment from a non-energy industrial partner.

The company is also engaging consumer-facing brands:

• Partnered with Liverpool FC to create merchandise using DAC technology, offsetting the carbon footprint of each product.
• Signed agreements to sell carbon credits to AT&T, Amazon, and TD.

Develop and sell carbon credits generated by OLCV projects to emitters

Occidental Petroleum (OXY) is actively monetizing its carbon removal through credit sales. In 2024, the company sold 13 million tons of carbon credits for a total value of $3.6 billion, which averages to $276/tonne. The targeted revenue for $\text{CO}_2$ captured from STRATOS is estimated between $580-$810 per tonne.

Key offtake agreements for these credits include:

• Microsoft bought 3.3 million in credits in 2025.
• Airbus entered an agreement in 2023 to buy 500,000 metric tons of carbon dioxide removal credits over six years from STRATOS.
• Google purchased 100,000 t$\text{CO}_2$e DAC credits in 2024 for $100 per tonne, for delivery in the early 2030s.

Occidental aims to sell approximately 65% to 75% of DAC credits generated from STRATOS through 2030, which is calculated to be between 1.63 million to 1.98 million credits. The company's Q2 2025 Operating Cash Flow was $3.0 billion, with Unrestricted Cash at $2.3 billion at the end of that quarter, providing capital to support these ventures, especially following the $9.7 billion cash sale of OxyChem expected to close in Q4 2025.